JOELLE OPTIQUE: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
JOELLE OPTIQUE
Largest movements
- Tangible fixed assets -€6,652
down €6,652 (-37.2%), from €17,896 to €11,244
of which Furniture and vehicles: -€8,497
- Receivables within one year +€6,267
new in 2025: €6,267
- Cash +€5,834
up €5,834 (+17.1%), from €34,162 to €39,996
mainly Other debts (+€28,575) and Depreciation (+€10,187)
- Other debts +€28,575
up €28,575 (+1,869%), from €1,529 to €30,104
- Reserves -€26,917
down €26,917 (-40.7%), from €66,156 to €39,239
- Trade debts +€7,989
up €7,989 (+368%), from €2,171 to €10,160
- Current portion of long-term debt -€5,304
no longer reported in 2025 (was €5,304)
- Tax, wage and social debts +€1,192
up €1,192 (+28.0%), from €4,258 to €5,451
- Turnover +€108,545
new in 2025: €108,545
- Purchases and services +€95,155
new in 2025: €95,155
- Taxes +€6,046
new in 2025: €6,046
- Staff costs -€2,453
no longer reported in 2025 (was €2,453)
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €95,419 | €100,954 | +€5,535 | +5.8% |
| Fixed assets | 21/28 | €20,476 | €13,824 | -€6,652 | -32.5% |
| Tangible fixed assets | 22/27 | €17,896 | €11,244 | -€6,652 | -37.2% |
| Plant, machinery and equipment | 23 | €1,042 | €3,738 | +€2,696 | +259% |
| Furniture and vehicles | 24 | €12,141 | €3,645 | -€8,497 | -70.0% |
| Other tangible fixed assets | 26 | €4,713 | €3,861 | -€852 | -18.1% |
| Financial fixed assets | 28 | €2,580 | €2,580 | = | 0.0% |
| Current assets | 29/58 | €74,943 | €87,130 | +€12,187 | +16.3% |
| Stocks and contracts in progress | 3 | €39,989 | €39,200 | -€789 | -2.0% |
| Stocks | 30/36 | €39,989 | €39,200 | -€789 | -2.0% |
| Amounts receivable within one year | 40/41 | - | €6,267 | +€6,267 | |
| Trade receivables | 40 | - | €6,267 | +€6,267 | |
| Cash at bank and in hand | 54/58 | €34,162 | €39,996 | +€5,834 | +17.1% |
| Deferred charges and accrued income | 490/1 | €792 | €1,666 | +€874 | +110% |
| Total equity and liabilities | 10/49 | €95,419 | €100,954 | +€5,535 | +5.8% |
| Equity | 10/15 | €82,156 | €55,239 | -€26,917 | -32.8% |
| Contributions | 10/11 | €16,000 | €16,000 | = | 0.0% |
| Reserves | 13 | €66,156 | €39,239 | -€26,917 | -40.7% |
| Distributable reserves | 133 | €66,156 | €39,239 | -€26,917 | -40.7% |
| Amounts payable | 17/49 | €13,263 | €45,715 | +€32,452 | +245% |
| Amounts payable within one year | 42/48 | €13,263 | €45,715 | +€32,452 | +245% |
| Current portion of amounts payable after more than one year | 42 | €5,304 | - | -€5,304 | |
| Trade debts | 44 | €2,171 | €10,160 | +€7,989 | +368% |
| Suppliers | 440/4 | €2,171 | €10,160 | +€7,989 | +368% |
| Taxes, remuneration and social security | 45 | €4,258 | €5,451 | +€1,192 | +28.0% |
| Taxes | 450/3 | €4,258 | €5,451 | +€1,192 | +28.0% |
| Other amounts payable | 47/48 | €1,529 | €30,104 | +€28,575 | +1,869% |
| Turnover | 70 | - | €108,545 | +€108,545 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €95,155 | +€95,155 | |
| Remuneration, social security and pensions | 62 | €2,453 | - | -€2,453 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,259 | €10,187 | -€72 | -0.7% |
| Other operating charges | 640/8 | €168 | €189 | +€21 | +12.6% |
| Gross operating margin | 9900 | €20,057 | €19,198 | -€859 | -4.3% |
| Operating profit (loss) | 9901 | €7,177 | €8,822 | +€1,645 | +22.9% |
| Financial income | 75/76B | €11 | €0 | -€11 | -99.9% |
| Recurring financial income | 75 | €11 | €0 | -€11 | -99.9% |
| Financial charges | 65/66B | €557 | €345 | -€212 | -38.1% |
| Recurring financial charges | 65 | €557 | €345 | -€212 | -38.1% |
| Profit (loss) for the period before taxes | 9903 | €6,631 | €8,477 | +€1,846 | +27.8% |
| Income taxes | 67/77 | - | €6,046 | +€6,046 | |
| Profit (loss) for the period | 9904 | €6,631 | €2,431 | -€4,200 | -63.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,631 | €2,431 | -€4,200 | -63.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.